1340-1342 Q St

Springfield, OR 97477

$499,900
Price
—
Beds
—
Baths
2,145 Sq. Ft.
$233 / Sq. Ft.
2,145
Sq. Ft.
$233
per Sq. Ft.
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a front view of a house with a garden
a view of a house with garden and a sitting area

Description

Fully renovated duplex offering strong investment potential! Each unit features 3 bedrooms, 1.5 bathroom, and an attached garage, with both units currently fully occupied for immediate income. Unit 1340 was fully updated in April 2025, while Unit 1342 was renovated around 2021. Upgrades include new cabinets, windows, doors, and carpet, along with durable luxury vinyl plank flooring in the kitchens and bathrooms. Each unit is equipped with a built-in dishwasher, freestanding refrigerator, range, and...Fully renovated duplex offering strong investment potential! Each unit features 3 bedrooms, 1.5 bathroom, and an attached garage, with both units currently fully occupied for immediate income. Unit 1340 was fully updated in April 2025, while Unit 1342 was renovated around 2021. Upgrades include new cabinets, windows, doors, and carpet, along with durable luxury vinyl plank flooring in the kitchens and bathrooms. Each unit is equipped with a built-in dishwasher, freestanding refrigerator, range, and washer/dryer hookups. Located in a quiet cul-de-sac near shopping, dining, and everyday amenities, this is a turn-key, low-maintenance investment in a highly convenient location. Please do not disturb tenants. Showings subject to Oregon tenant laws. Both units have a lease through March 31 2027 Showings are limited
  1. Listed by Sandra Boyst • ICON Real Estate Group • ICON@TheICONREGroup.com

Property Details for 1340-1342 Q Street

Parking Features
Driveway, Garage
Zoning
R2
Garage Spaces
2.00
LISTING UPDATED: 05/13/2026 03:41 PM

Property Details for 1340-1342 Q Street

StatusActive
MLS #555931783
Days on Market30
Taxes$4,322 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1977
Lot Size0.20 AC / 8,712 SF
CountyLane County
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Location

Listing Courtesy of ICON Real Estate Group
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Building Information for 1340-1342 Q Street

Stories2Residences2Year Built1977Building Size-Lot Size0.20 AC / 8,712 SF

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$2,851 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,491

Property Taxes

$360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1340-1342 Q Street

Summary
Location and General Information
  • Country: US
  • Directions: Q ST
  • Road Surface: Paved
School Information
  • Elementary School: Page
  • High School: Springfield
  • Middle Or Junior School: Briggs
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $4,322.41
  • Parcel Number: 1155272
  • Tax Legal Description: 17-03-25-23-01720
Property
Lot Information
  • Acres: 0.2
  • Lot Description: Cul_de_sac
  • Lot Size Square Feet: 8712.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1977
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $39,792.00
  • Gross Rent Multiplier: $12.56
  • Investor Information: According To Owner, Rent Records
  • Net Income Actual: $33,040.00
  • Operating Expense: $6,752.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2145
Unit 1 Information
  • Unit Type 1 Baths Total: 6
  • Unit Type 1 Baths Decimal: 1.50
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Microwave, Range, Refrigerator
  • Unit Type 1 Rent: $1,726
  • Unit Type 1 SqFt: 1072.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 6
  • Unit Type 2 Baths Decimal: 1.50
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Microwave, Range, Refrigerator
  • Unit Type 2 Rent: $1,590
  • Unit Type 2 SqFt: 1073.0
  • Unit Type 2 Units Total: 1

Schools near 1340-1342 Q Street

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Elizabeth Page Elementary School
Public - K to 5
Briggs Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Gateways High School
Public - 9 to 12
Rating
School
Distance
Elizabeth Page Elementary School
PublicK to 5

Briggs Middle School
Public6 to 8

Springfield High School
Public9 to 12

Gateways High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1340-1342 Q Street, Springfield, OR 97477

1340-1342 Q Street is a multi-family home for sale in Springfield, OR 97477. This property was listed for sale on May 5, 2026 by ICON Real Estate Group, it's currently listed at $499,900. This listing's school district is Springfield School District 19. Nearby schools include Elizabeth Page Elementary School, Briggs Middle School and Springfield High School. 1340-1342 Q Street is a 0-bed, 0-bath, 2,145 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ICON Real Estate Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/13/2026 03:41 PM